TransAct Technologies Incorporated reported preliminary financial results for the third quarter ended September 30, 2026, showing a 10% increase in net sales compared to the prior year. Net sales for the quarter were $14.4 million, up from $13.2 million in the third quarter of 2025. The company also reported a net loss of $(440) thousand, or $(0.04) per diluted share, based on 10.3 million weighted average diluted shares outstanding.
The company’s Food Service Technology (FST) segment drove the revenue growth, with FST net sales rising 33% to $6.4 million. This growth was attributed to increased sales of hardware, software, and labels. Specifically, software revenue grew approximately 61% to $876 thousand, and the company sold 2,346 BOHA! units during the quarter. The FST recurring revenue segment also grew 24% year-over-year to $4.0 million.
In contrast, the Casino and Gaming segment saw sales decline 11% to $6.4 million, reflecting the cyclicality of the business. The company noted that this softer demand environment is expected to continue into the fourth quarter.
TransAct Technologies has revised its 2026 financial outlook. The company now expects full year 2026 net sales to be between $55 million and $56 million. It also expects full year 2026 adjusted EBITDA to be between $1.5 million and $1.75 million.
Separately, the company announced that its Board of Directors has initiated a formal strategic review of the Casino and Gaming business. Management has engaged BofA Securities, Inc. as its financial advisor. The Board is also evaluating a broader range of strategic alternatives for the company, including a potential sale of the FST business.
